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Elite Real Estate Group
info@elitereg805.com$2,499,000
Est. payment /mo
0.85 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Dimond District
MLS Listing ID 41137615
HOA Y/N No
Year Built 1964
Lot Size 0.854 Acres
Property Description
Excellent opportunity to own a well-maintained 6-unit multifamily property in Oakland's popular Dimond District. Approximately $75,000 in capital improvements have been completed this year, helping to minimize future maintenance obligations and providing added peace of mind for the next owner. Recent upgrades include a brand new sewer lateral (compliant), new sidewalk (compliant), new asphalt driveway, new main panel and new individual electrical panels in each unit. The property is fully occupied and features individual PG&E meters, community laundry, and a low-maintenance setup that makes ownership more straightforward. The property's location is a significant draw for tenants, offering easy access to shops, restaurants, cafés, and services that make the Dimond District such a sought-after Oakland neighborhood. Nearby Dimond Park provides abundant recreational opportunities, while convenient transit options and commuter routes connect residents to Downtown Oakland, San Francisco, and the greater Bay Area. The combination of neighborhood amenities and accessibility helps support strong tenant demand. Properties offering recent major improvements, stable occupancy, and a sought-after neighborhood location are increasingly difficult to find. This is a rare opportunity to acquire a solid income-producing asset in one of Oakland's most established and desirable neighborhoods.
Location
State CA
County Alameda
Interior
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features Assigned, On Street
Total Parking Spaces 6
Building
Lot Description Street Level
Others
Tax ID 29A1305471
Acceptable Financing Cash
Listing Terms Cash
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Listed by Tanja Odzak eXp Realty of California #01992169
Nearby Schools & Businesses
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Elite Real Estate Group
Team